Can “Leaning Against the Wind” moderate asset price bubbles?
Jordi Galí, Giovanni Giusti and Charles N. Noussair conduct a laboratory experiment to study the effects of monetary policy on asset prices.
Tag Archive: monetary policy
Economics of coronavirus: COVID-19 impact and policy implications
The Barcelona GSE has started a collection of posts and articles by Affiliated Professors on topics related to the economics of coronavirus.
Ultra-low Monetary Policy Rates and Bank Profitability in the Euro Area
Carlo Altavilla, Miguel Boucinha and José-Luis Peydró investigate the impact of conventional and unconventional monetary policy on bank profitability.
Narrow Banking with Modern Depository Institutions
Hugo Rodríguez shows how narrow banking could be implemented without affecting intermediation by depository institutions.
